NOT LISTED FOR SALE

Estimated Value: $621,625 - $674,000

6 Beds
6 Baths
4,080 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $475,000 $116 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,958/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Woodwork
  • Cul-De-Sac
  • Oversized Parking
  • Patio

About This Home

As of March 2021

2004 built duplex with 3 bedrooms and 2.5 baths per side. Great floor plans that are easy to rent. Large kitchens with center islands, Utility room is upstairs where the bedrooms are. Perfect location in the heart of the Valley, and more importantly on a quiet dead-end paved street. Low maintenance exteriors, and truly oversized two-car garages per side. Building next door is also available and listed in the MLS. Rents for existing tenants are low.

Last Agent to Sell the Property

Cathey Wells

Windermere City Group License #32201 Listed on: 01/06/2021

Windermere City Group

Co-Listed By

Randy Wells

Windermere City Group License #40391

Windermere City Group

Last Buyer's Agent

Randy Wells

Windermere City Group License #40391

Windermere City Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 2004

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Duplex
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 4,080 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Utility Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio

Schools

  • East Valley Middle School
  • East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Gas Available
  • High Speed Internet

Community Details

  • 2 Units
  • Water Sewer Expense $308

Listing and Financial Details

  • Assessor Parcel Number 45095.0589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,407

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2004
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level, Cul-De-Sac
  • Lot Size Acres: 0.28
  • Road Frontage Type: Private Road, Paved Road
  • Reso Association Amenities: Patio, Gas, High Speed Internet, None
  • Co List Office Mls Id: SAR774
  • Co List Office Phone: 509-323-2323
  • Co List Office Phone: 509-323-2323
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Utility Room, Natural Woodwork, Windows Vinyl
  • Reso Structure Type: Duplex
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Pantry
  • Stories: 2

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Oversized

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Forced Air
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 308

Schools

  • Elementary School: Trent
  • High School: East Valley
  • Middle Or Junior School: East Valley

Lot Info

  • Parcel Number: 45095.0589
  • Lot Size Sq Ft: 12226

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4406.83
  • Tax Database ID: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 24, 2021
Sold by
Midatlantic Ira Llc
Bought by
Chen Gang and Cal Jennifer Q
Seller's Agent
Cathey Wells
Windermere City Group
Buyer's Agent
Randy Wells
Windermere City Group
List Price
$474,950
Sold Price
$475,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$638,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,656
Avg. Annual Appreciation
6.25%

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 16, 2018
Sold by
Grimm Kathy A
Bought by
Midatlantic Ira Llc and Neil Golan Ira
Seller's Agent
Nathan Gubbe
Kelly Right Real Estate of Spokane
Buyer's Agent
Cathey Wells
Windermere City Group
List Price
$334,750
Sold Price
$339,750
Premium/Discount to List
$5,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$187,000
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Gang $475,000 Wfg Insured
Midatlantic Ira Llc $339,750 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Midatlantic Ira Llc $187,000
Previous Owner Grimm Kathy $160,000
Previous Owner Grimm Kathy $199,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $475,000 0.0% $116 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $474,950 0.0% $116 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $474,950 +39.8% $116 / Sq Ft
06/11/2018 06/11/18 Sold $339,750 +1.5% $83 / Sq Ft
03/23/2018 03/23/18 For Sale $334,750 -- $82 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,156 $660,700 $110,000 $550,700
2024 $5,156 $549,300 $75,000 $474,300
2023 $5,202 $582,500 $65,000 $517,500
2022 $4,981 $556,600 $65,000 $491,600
2021 $4,619 $392,300 $40,000 $352,300
2020 $4,407 $354,900 $34,500 $320,400
2019 $3,709 $305,400 $34,500 $270,900
2018 $3,775 $289,300 $34,500 $254,800
2017 $3,819 $295,600 $34,500 $261,100
2016 $3,266 $254,900 $34,500 $220,400
2015 $3,446 $259,500 $31,500 $228,000
2014 -- $250,800 $31,500 $219,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202110175

Spokane Association of REALTORS®

APN: 45095.0589